Monday, May 4, 2015

Egypt Economy

Occupying the northeast corner of the African continent, Egypt is bisected by the highly fertile Nile valley, where most economic activity takes place. Egypt's economy was highly centralized during the rule of former President Gamal Abdel NASSER but opened up considerably under former Presidents Anwar EL-SADAT and Mohamed Hosni MUBARAK. Cairo from 2004 to 2008 pursued business climate reforms to attract foreign investment and facilitate growth. Poor living conditions and limited job opportunities for the average Egyptian contribute to public discontent, a major factor leading to the January 2011 revolution that ousted Mubarak. The uncertain political, security, and policy environment since 2011 caused economic growth to slow significantly, hurting tourism, manufacturing, and other sectors and pushing up unemployment. Weak growth and limited foreign exchange earnings have made public finances unsustainable, leaving authorities dependent on expensive borrowing for deficit finance and on Gulf allies to help cover the import bill.
$945.4 billion (2014 est.)
$925 billion (2013 est.)
$906 billion (2012 est.)
note: data are in 2014 US dollars
country comparison to the world: 24
$284.9 billion (2014 est.)
2.2% (2014 est.)
2.1% (2013 est.)
2.2% (2012 est.)
country comparison to the world: 141
$11,100 (2014 est.)
$11,100 (2013 est.)
$11,100 (2012 est.)
note: data are in 2013 US dollars
country comparison to the world: 126
14% of GDP (2014 est.)
11.4% of GDP (2013 est.)
12.5% of GDP (2012 est.)
country comparison to the world: 120
household consumption: 80.3%
government consumption: 12%
investment in fixed capital: 13%
investment in inventories: 0.5%
exports of goods and services: 15%
imports of goods and services: -20.7%
(2014 est.)
agriculture: 14.6%
industry: 38.9%
services: 46.5% (2014 est.)
cotton, rice, corn, wheat, beans, fruits, vegetables; cattle, water buffalo, sheep, goats
textiles, food processing, tourism, chemicals, pharmaceuticals, hydrocarbons, construction, cement, metals, light manufactures
1.5% (2014 est.)
country comparison to the world: 138
28.26 million (2014 est.)
country comparison to the world: 22
agriculture: 29%
industry: 24%
services: 47% (2011 est.)
13.4% (2014 est.)
13.2% (2013 est.)
country comparison to the world: 137
25.2% (2008 est.)
lowest 10%: 4%
highest 10%: 26.6% (2008)
30.8 (2008)
32.1 (2005)
country comparison to the world: 116
revenues: $65.48 billion
expenditures: $99.14 billion (2014 est.)
23% of GDP (2014 est.)
country comparison to the world: 138
-11.8% of GDP (2014 est.)
country comparison to the world: 205
93.8% of GDP (2014 est.)
91.5% of GDP (2013 est.)
note: data cover central government debt and includes debt instruments issued (or owned) by government entities other than the treasury; the data include treasury debt held by foreign entities; the data include debt issued by subnational entities, as well as intra-governmental debt; intra-governmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical care, and unemployment; debt instruments for the social funds are sold at public auctions
country comparison to the world: 18
1 July - 30 June
10.1% (2014 est.)
9.5% (2013 est.)
9.75% (30 October 2014)
8.75% (5 December 2013)
country comparison to the world: 20
11.8% (31 December 2014 est.)
12.29% (31 December 2013 est.)
country comparison to the world: 69
$60.18 billion (31 December 2014 est.)
$53.71 billion (31 December 2013 est.)
country comparison to the world: 45
$219 billion (31 December 2014 est.)
$199.5 billion (31 December 2013 est.)
country comparison to the world: 39
$225.4 billion (31 December 2014 est.)
$217.3 billion (31 December 2013 est.)
country comparison to the world: 40
$73.04 billion (30 November 2014 est.)
$58.01 billion (31 December 2012)
$48.68 billion (31 December 2011 est.)
country comparison to the world: 46
-$7.463 billion (2014 est.)
-$2.258 billion (2013 est.)
country comparison to the world: 175
$27.15 billion (2014 est.)
$27.87 billion (2013 est.)
country comparison to the world: 70
crude oil and petroleum products, fruits and vegetables, cotton, textiles, metal products, chemicals, processed food
Italy 6.7%, India 6.5%, Saudi Arabia 6.1%, China 5%, Germany 4.8%, Libya 4.8%, US 4.5%, Turkey 4.4%, France 4.2% (2013)
$55.26 billion (2014 est.)
$55.46 billion (2013 est.)
country comparison to the world: 53
machinery and equipment, foodstuffs, chemicals, wood products, fuels
China 12.5%, US 7.8%, Italy 5.4%, Ukraine 5.1%, Turkey 4.8%, Germany 4.5% (2013)
$15.13 billion (31 December 2014 est.)
$16.12 billion (31 December 2013 est.)
country comparison to the world: 71
$55.86 billion (31 December 2014 est.)
$49.28 billion (31 December 2013 est.)
country comparison to the world: 61
$79.19 billion (31 December 2014 est.)
$76.76 billion (31 December 2013 est.)
country comparison to the world: 50
$6.684 billion (31 December 2014 est.)
$6.475 billion (31 December 2013 est.)
country comparison to the world: 62
Egyptian pounds (EGP) per US dollar -
7.1 (2014 est.)
6.8708 (2013 est.)
6.06 (2012 est.)
5.9358 (2011 est.)
5.6219 (2010 est.)
https://www.cia.gov/library/publications/the-world-factbook/geos/eg.html

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